Co-operative Insurance announces 14% dividend for shareholders
Monday, 29 July 2013 00:00
The Co-operative Insurance, which has won the hearts of thousands of customers as well as shareholders for their excellence in the field of insurance for over 14 years from 1999, announced a mind blowing 14% dividend rate to its shareholders for the last financial year.
This offer also marks the company’s stability while making sure the company is a cooperate giant who has a stable future.
The Co-operative Insurance, the company which made insurance a reality for almost all Sri Lankans with its competitive and attractive service plans, broke the boundaries of insurance in Sri Lanka. While providing its expertise in strengthening the country’s economy, The Co-operative Insurance made the service of insurance something which is affordable for almost everyone.
It made this a reality by introducing a number of insurance plans for various needs under Life and ordinary insurance. Under Life insurance, it introduced a number of types of plans including Samagi life plan, Sisu Setha life plan, Samagi Shakthi investment plan, Samagi Asiri plan and Samagi Thilina plan.
Under the meaningful motto ‘For the people, By the people,’ which ensures maximum service for the customers, The Co-operative Insurance is successfully carrying out its operations in all parts of the country, also making its grid the third largest branch network in Sri Lanka. Because of these reasons, The Co-operative Insurance is on a steady run, being awarded for the best Annual Report in not only one year, but two consecutive years (2009 and 2010) at the Sri Lanka Association of Chartered Accountants’ Annual Report Awards in the Insurance category.
Its global recognition is outstanding, having won the TQM Gold Award at the 2008 International Quality Summit in New York, USA, Top Leadership Platinum Award at the 2009 International Quality Summit in Paris and Gold Award at the 2012 International ABS Awards in New York.
According to the top management of the company, this kind of a success and international recognition made this dividend a reality.